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News Breaks
December 18, 2012
10:06 EDTACAT, PIIArctic Cat, Polaris rise after analyst says shares attractive
Winter vehicle makers Arctic Cat (ACAT) and Polaris Industries (PII) are rising after KeyBanc analyst Scott Hamann wrote that demand for the company's products has increased in some regions of the country. Moreover, the increase in demand has occurred in regions that are more important to the companies, Hamann wrote in a note to investors earlier today after speaking with dealers. Concerns about weak snowfall and potentially slowing snow plow sales have created an attractive risk/reward ratio in the stocks, the analyst added. In fact, plow demand appears to be solid, and Arctic Cat and Polaris are both gaining share in the market, wrote Hamann, who maintained Buy ratings on Arctic Cat and Polaris. In early trading, Arctic Cat rose 2.65% to $37.97, while Polaris added 0.66% to $80.90
News For ACAT;PII From The Last 14 Days
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October 23, 2014
06:44 EDTACATArctic Cat reports Q2 ATVs/Side-by-Sides sales down 4% to $69.6M
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06:44 EDTACATArctic Cat reports gross profit margin was 21%, or 23% as adjusted
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06:33 EDTACATArctic Cat cuts FY15 EPS $1.89-$1.99 from $2.25-$2.35, consensus $2.27
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06:32 EDTACATArctic Cat: FY15 remains a challenging year
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06:31 EDTACATArctic Cat reports Q2 adjusted EPS $1.44, consensus $1.41
Reports Q2 revenue $262.48M, consensus $253.26M
October 22, 2014
06:17 EDTPIIPolaris Industries reports Q3 Off-Road Vehicle sales up 17% to $823.2M
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06:11 EDTPIIPolaris Industries raises FY14 EPS to $6.55-$6.65 from $6.48-$6.58
FY14 EPS consensus of $6.58; Narrows low end of FY14 sales guidance to 17%-18% growth from 16%-18%, consensus $4.43B.
06:09 EDTPIIPolaris Industries reports Q3 EPS cont ops $2.06, consensus $2.02
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October 17, 2014
10:00 EDTACATOn The Fly: Analyst Initiation Summary
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06:37 EDTACATArctic Cat initiated with a Hold at Wunderlich
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